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Updated over 6 years ago on . Most recent reply

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Steve Snyder
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Tax deed sales...is this it?

Steve Snyder
Posted

I'm fairly new to this...I have been reading for awhile...watchung auctions and doing thorough DD...to date I havent won a bid but thats more my apprehension..and asking myself "what if".I just want to make sure I understand this...

1)Win the bid and get the tax deed

2) get a queit title suite

3) get title insurance

4) profit..or fix up and live in it or rent..

Now I know there may be tenants or occupiers...I know there is more to it than what i mentioned above. But I'm only purchasing land to build on....

these are the main steps involved that legally make me the owner correct?

There is not much on the internet about this subject except on here.

Did i miss anything? Oh im in florida so there isnt any redemption once i pay thr clerk

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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
6,551
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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
Replied

There is no need for a quiet title action after four years. There are some good books on investing in tax liens and tax deeds. @Ned 

@Ned Carey can give some advice.

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